5-Unit Retail
New
For Sale
$1,300,000
3610 Jewella Avenue, Shreveport, LA 71109
CommercialSale, Shreveport, LA
Property Size7,378 SF
Lot Size0.62 Acres
Price / SF$176.20
Days on Market2
Property Features for 3610 Jewella Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C2
Parking features
Parking Lot
Subdivision
Rose Park Annex
Directions
GPS
Standard status
Active
APN
171409038003600
Lot size
0.62 Acres
Taxes and HOA fees
Tax Description
LOT 36, S. 150 FT OF LOT 1 & S. 15 FT OF LOT
Tax Annual Amount
10058
Legal Description
LOT 36, S. 150 FT OF LOT 1 & S. 15 FT OF LOT
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Number of units
5
Flooring type
Vinyl, Tile
Building materials
Brick, Stucco
Roof type
Composition
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
June Schneider · License #0995696186
(318) 347-3332
Added: Oct 15
Last Checked: Oct 16 at 10:06AM
MLS# 21412199
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This five-unit retail plaza was built in 2005 and occupies a 0.62-acre parcel. Existing businesses span tax preparation, phone and electronics sales, clothing, barber services, and restaurant use. Brick and stucco construction, tile and vinyl flooring, central heating and air conditioning, and a surface parking lot serve the property.
The plaza has 150 feet of frontage on Jewella Avenue and three vehicle entrances. Nearby businesses include Super 1 Foods, McDonald's, Whataburger, Popeyes, Subway, and Pizza Hut. Public water and sewer serve the site.
The plaza has 150 feet of frontage on Jewella Avenue and three vehicle entrances. Nearby businesses include Super 1 Foods, McDonald's, Whataburger, Popeyes, Subway, and Pizza Hut. Public water and sewer serve the site.
Key Highlights
- Five retail units with a mix of tax, electronics, apparel, barber, and restaurant businesses
- Built in 2005 on 0.62 acres
- 150 feet of frontage on Jewella Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,131
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,620
$1.5M
Cap Rate 7%
$1,044,729
$1.0M
Cap Rate 9%
$812,567
$812.6K
Market Conditions
NOI Build-Up for 7,378 SF
Gross rent
$110.7K $15.00/SF
− Vacancy
−$6.2K −$0.84/SF
EGI
$104.5K $14.16/SF
− OpEx
−$31.3K −$4.25/SF
NOI
$73.1K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,620
Cap Rate 7%
$1,044,729
Cap Rate 9%
$812,567
Alternative Uses
Best Use
Retail
$1.04M
$914.1K – $1.22M
NOI $73,131 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,006 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 71109, LA
18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - The tenant mix includes food service, personal care, apparel, electronics, and tax preparation businesses.
Where is this strip mall located?
The property is located at 3610 Jewella Avenue Shreveport, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five retail units with a mix of tax, electronics, apparel, barber, and restaurant businesses; Built in 2005 on 0.62 acres; 150 feet of frontage on Jewella Avenue
